PNQI vs. FFLG ETF Comparison

Comparison of PowerShares Nasdaq Internet Portfolio (PNQI) to Fidelity Fundamental Large Cap Growth ETF (FFLG)

PNQI

PowerShares Nasdaq Internet Portfolio

PNQI Description

The PowerShares NASDAQ Internet Portfolio (Fund) is based on the NASDAQ Internet IndexÂ® (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest and most liquid US-listed companies engaged in internet-related businesses and that are listed on one of the major US stock exchanges. The Underlying Index employs a modified market capitalization-weighted methodology based on the market capitalization ranking of the Underlying Index securities. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$46.57

Average Daily Volume

52,506

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLG

Fidelity Fundamental Large Cap Growth ETF

FFLG Description

FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structure

Grade (RS Rating)

Last Trade

$25.04

Average Daily Volume

29,563

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PNQI	FFLG
30 Days	5.01%	1.37%
60 Days	8.70%	5.78%
90 Days	11.80%	6.53%
12 Months	35.30%	40.44%

17 Overlapping Holdings

Symbol	Grade	Weight in PNQI	Weight in FFLG	Overlap
AAPL	C	7.15%	12.07%	7.15%
ABNB	C	1.78%	0.52%	0.52%
AMZN	C	8.11%	7.12%	7.12%
COIN	C	2.02%	0.45%	0.45%
CRM	B	4.57%	0.75%	0.75%
CSGP	D	0.92%	0.39%	0.39%
GOOG	C	7.69%	2.82%	2.82%
LYFT	C	0.21%	0.18%	0.18%
META	D	7.63%	5.34%	5.34%
MSFT	D	7.15%	9.14%	7.15%
NFLX	A	4.33%	2.02%	2.02%
ROKU	D	0.29%	0.38%	0.29%
SE	A	1.31%	0.13%	0.13%
SHOP	B	3.91%	0.55%	0.55%
SNAP	D	0.45%	0.44%	0.44%
UBER	F	3.4%	2.21%	2.21%
W	D	0.12%	0.03%	0.03%

PNQI Overweight 60 Positions Relative to FFLG

Symbol	Grade	Weight
BKNG	A	4.61%
DIS	B	4.51%
ADBE	C	3.12%
MELI	C	2.96%
SPOT	B	2.73%
PYPL	B	2.64%
BABA	D	2.29%
DASH	B	2.03%
CPNG	D	1.2%
RBLX	C	0.93%
EBAY	D	0.92%
GDDY	A	0.8%
EXPE	B	0.69%
TCOM	B	0.69%
DKNG	B	0.63%
ZM	C	0.63%
VRSN	C	0.53%
PINS	F	0.53%
JD	D	0.52%
DOCU	B	0.49%
AKAM	D	0.4%
Z	A	0.38%
BIDU	F	0.37%
OKTA	C	0.36%
NTES	D	0.33%
PCTY	C	0.33%
WIX	A	0.31%
GTLB	B	0.24%
OTEX	F	0.23%
U	C	0.22%
GLBE	B	0.21%
MMYT	B	0.21%
DBX	B	0.2%
SPSC	D	0.2%
ETSY	D	0.18%
VIPS	F	0.17%
BOX	B	0.15%
CHWY	B	0.14%
ALRM	C	0.09%
ZD	B	0.08%
BILI	D	0.07%
YELP	C	0.07%
ATHM	C	0.06%
CMPR	D	0.06%
CRTO	D	0.06%
TDOC	C	0.05%
DLO	C	0.05%
TRIP	F	0.05%
CARS	C	0.04%
FSLY	D	0.03%
RDFN	D	0.03%
BMBL	C	0.03%
PRO	C	0.03%
SSTK	F	0.03%
CHGG	C	0.01%
FLWS	D	0.01%
EB	C	0.01%
SFIX	B	0.01%
GDRX	F	0.01%
CCSI	C	0.01%

PNQI Underweight 74 Positions Relative to FFLG

Symbol	Grade	Weight
NVDA	B	-12.31%
GOOGL	C	-2.48%
TSM	B	-1.96%
MA	B	-1.95%
BSX	A	-1.72%
LOW	C	-1.57%
LLY	F	-1.46%
NXPI	D	-1.37%
ASML	F	-1.3%
GE	D	-0.9%
TMUS	B	-0.88%
CDNS	B	-0.86%
MPWR	F	-0.85%
LULU	C	-0.8%
ON	D	-0.76%
HUBS	A	-0.76%
MU	D	-0.73%
ALNY	D	-0.71%
MRVL	B	-0.7%
FLEX	B	-0.69%
DHR	F	-0.68%
MDB	B	-0.63%
TJX	A	-0.63%
UNH	B	-0.62%
REGN	F	-0.59%
BLD	D	-0.58%
CVNA	B	-0.57%
TMO	F	-0.57%
BLDR	D	-0.57%
KDP	F	-0.55%
ICE	C	-0.54%
XOM	B	-0.53%
MNST	C	-0.52%
IR	B	-0.51%
HWM	A	-0.5%
WMT	A	-0.49%
CMG	B	-0.49%
RH	C	-0.48%
EME	A	-0.46%
GEV	B	-0.44%
PODD	C	-0.42%
NTNX	B	-0.42%
FIX	A	-0.37%
BRKR	D	-0.36%
FSLR	F	-0.33%
DPZ	C	-0.33%
HQY	A	-0.33%
FLYW	B	-0.32%
VMC	B	-0.32%
SQ	A	-0.31%
AVGO	D	-0.3%
EXAS	D	-0.3%
NVO	F	-0.28%
ARGX	B	-0.27%
HOOD	B	-0.26%
PM	B	-0.24%
PCVX	D	-0.24%
TEVA	C	-0.24%
DKS	D	-0.23%
ITCI	C	-0.22%
TMDX	F	-0.21%
ATI	C	-0.19%
RRC	B	-0.19%
AZN	F	-0.18%
IONS	F	-0.16%
NUVL	C	-0.16%
RIVN	F	-0.14%
MRNA	F	-0.13%
RDDT	A	-0.12%
HOLX	D	-0.12%
ROIV	C	-0.1%
IDYA	F	-0.09%
LEGN	D	-0.07%
TGT	F	-0.07%